HOUSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) has been selected by ENKA İnşaat ve Sanayi A.Ş. (ENKA) to provide detailed engineering design services for the Associated Gas Upstreasm Project Phase 2 (AGUP2), as part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies alongside its partners BOC and Qatar Energy, in the Basra region of Iraq. This award follows KBR’s successful delivery of the Front-End Engineering Design (FEED) for the same development, underscoring its long-stan ...

SES AI (NYSE:SES) Q3 2025 Earnings Call November 05, 2025 05:00 PM ET Speaker2Thank you for your patience, everyone. The SES AI third quarter 2025 earnings release and call will begin in a few minutes' time. In the meantime, you can register questions by pressing star followed by one on your telephone keypad. Hello and welcome to the SES AI third quarter 2025 earnings release and call. My name is Carla, and I will be coordinating your call today. During the presentation, you can register to ask questions by ...

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation ("Sherritt†, the "Corporation†) (TSX: S), a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition – today reported its financial results for the three and nine months ended September 30, 2025. All amounts are in Canadian dollars unless otherwise noted. Leon Binedell, Executive Chairman, President and CEO of Sherritt commented, "Sherritt hit an importa. ...

Norway has suspended the ethical investment rules governing its $2.1-trillion oil fund just weeks after signaling higher 2026 withdrawals, drawing a direct line between petroleum revenues and fiscal control. The Government Pension Fund Global (GPFG) move, as detailed by the Irish Times, is being described as an emergency measure to prevent forced equity sales that could shake global markets. Parliament has approved a temporary freeze on the fund’s Ethics Council, suspending new exclusion recommendations o ...

Third-quarter revenue of €216.8 million, down slightly by -3.9% Continued sequential improvement quarter after quarter (-12.3% in Q1, -6.7% in Q2) Excluding Connectivity in France, Group revenue up by +3.4% in Q3 Energy up +30.8% (+47.5% in France), representing 22% of Group’s Q3 revenueResumption of fiber roll-out activities in BelgiumGermany: revenue up by +10.1%Other Countries segment: strong growth in Italy (+22.3%), continued rationalization in Spain and the United Kingdom Connectivity business in Fr ...

Exxon Mobil Corporation (NYSE: XOM) announced a major reorganization that will centralize its operations into a new entity, ExxonMobil Global Operations, effective in 2026, as part of its continuing effort to improve efficiency and execution across its business units. The restructuring will consolidate operations supporting ExxonMobil’s Product Solutions, Low Carbon Solutions, and Upstream businesses into one unified organization. The move builds on a broader operating model introduced in 2019, which has ...

Core Insights - Equinix, Inc. has appointed Rebecca Kujawa to its Board of Directors, bringing extensive experience from the energy sector, particularly in renewables [1][2] - Kujawa previously served as President & CEO of NextEra Energy Resources, managing $15–$20 billion in annual capital investment and overseeing significant growth in various energy sectors [2][3] - The company aims to double its existing footprint in the next five years, leveraging Kujawa's expertise to navigate the complex global energy market [2] Company Overview - Equinix is recognized as the world's digital infrastructure company, providing data center services and interconnected ecosystems that enhance digital experiences globally [4] - The company focuses on delivering seamless connectivity and cutting-edge AI solutions to empower innovations across various sectors [4] Leadership and Governance - Rebecca Kujawa has a strong governance background, having served as Chairperson of Nuclear Electric Insurers Limited and as a board member of XPLR Infrastructure, contributing to strategic oversight in financial integrity and regulatory compliance [3] - She has been acknowledged for her leadership and strategic vision, being named one of Fortune's "Next to Lead: The 25 Most Powerful Rising Executives in the Fortune 500" [3]

Core Viewpoint - Close Brothers Asset Finance has expanded its sustainability funding to include hydrogen projects, positioning itself as a leading lender in the hydrogen sector, which is crucial for decarbonisation in hard-to-electrify industries like heavy industry and transport [1][3]. Group 1: Funding and Offerings - The firm is providing funding across the hydrogen supply chain, including electrolysers, multi-element gas containers (MEGC), and Hydrogen Power Units (HPU), applicable in various sectors such as construction and film production [2]. - Close Brothers aims to support small to medium-sized enterprises and mid-size corporates, which are often underserved in the energy transition market [3]. Group 2: Strategic Insights - The decision to support hydrogen was based on extensive research into the hydrogen value chain, focusing on new-to-market assets that contribute to the emerging European green hydrogen market [3]. - The company offers multiple forms of finance from different security bases to adapt to market conditions in nascent markets, providing a comprehensive solution from production to end use [3].

Q3 2025 EARNINGS PRESENTATION Important Notice This presentation contains forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looking statements include all statements that express forecasts, expectations, plans, outlook, objectives and projections with respect to future matters, including, among other things, t ...

Core Insights - MasTec, Inc.'s diversified service offerings beyond oil and gas projects are driving growth, particularly in solar, wind, and transmission projects, supported by favorable infrastructure spending policies and sustainability awareness [1][4] - The Clean Energy and Infrastructure segment contributed approximately 32% to revenues in the first half of 2025, with a record backlog of $4.92 billion, reflecting a year-over-year increase of 34.1% [2] - Near-term profitability is pressured by project delays, labor inefficiencies, and supply-chain costs, but the focus on higher-margin renewables is expected to mitigate these challenges [3][9] Company Performance - MasTec's growth foundation is solid due to strong demand for utility-scale renewables and energy transition initiatives, with an emphasis on execution improvements and mix optimization to enhance margins [4] - The company's stock has surged 82.3% over the past year, outperforming industry benchmarks [8] Competitive Position - MasTec competes with Primoris Services Corporation and Quanta Services, with a competitive edge in a balanced mix of power-generation construction and utility-scale renewables [5][7] - However, competition remains acute due to Quanta's scale and Primoris' specialized services, impacting margins and labor deployment [7] Financial Outlook - Earnings estimates for 2025 remain at $6.32 per share, with a projected year-over-year growth of 60%, while 2026 estimates have trended downward to $7.78 per share, indicating a 23.1% growth [10] - The stock is trading at a forward P/E ratio of 28.18, indicating a premium compared to industry peers [12]